PPP Loan information for Rich's foodtown inc

$603,000

Rich's foodtown inc was initially approved for PPP Loan of amount $603,000, the current approved amount is $603,000. The loan was approved on 04/04/2020 by The Stockman Bank of Montana reported 106 jobs and $603,000 was used to fund payroll.

Rich's foodtown inc is Existing or more than 2 years old

RICH'S FOODTOWN INC

Date Approved

04/04/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

RICH'S FOODTOWN INC

Borrower Address

701 1st Ave N

Borrower City

GREAT FALLS

Borrower State

MT

Borrower Zip

59401-2601

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

603000.00

Current Approval Amount

603000.00

Undisbursed Amount

0.00

Franchise Name

IGA USA - License Agreement

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREAT FALLS

Project County Name

CASCADE

Project State

MT

Project Zip

59401-2601

CD

MT-02

Jobs Reported

106

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

493000.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

573329.71

Forgiveness Date

12/09/2020

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